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Plug Power Inc PLUG

Plug Power Inc. is engaged in offering end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals. The Company develops commercially viable hydrogen and fuel cell product solutions. It provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.


NDAQ:PLUG - Post by User

Post by lucaM1on Mar 01, 2022 7:19am
124 Views
Post# 34470207

Here's why PLUG jumped yesterday

Here's why PLUG jumped yesterday
Plug Power (NASDAQ:PLUG) pushed to a 12% gain in Monday's trading, as alternative energy stocks including Ballard Power (NASDAQ:BLDP), Bloom Energy (NYSE:BE) and FuelCell Energy (NASDAQ:FCEL) all rallied in response to the escalating military conflict between Russia and Ukraine.
 
Along with solar companies, the stocks attracted investors looking for ways to prosper in the current down market, calculating that Russia's actions will induce governments to invest more in renewable energy to reduce dependence on imported fossil fuels.
 
https://seekingalpha.com/news/3807348-why-did-plug-power-shares-pop-today-alt-energy-names-ride-clean-fuel-wave
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